AltMountain

VMG Partners II, LLC

San Francisco, CA · CRD 157720
Private equity manager

VMG Partners II, LLC is an SEC-registered investment adviser based in San Francisco, CA that reports managing 28 private funds on Form ADV, including 28 private equity funds. It reports $3.2 billion in regulatory assets under management. Its private funds hold $3.2 billion in gross assets.

Regulatory assets under management
$3.2 billionForm ADV Item 5.F
Gross assets of private funds
$3.2 billionAll private fund types, Form ADV
Private funds managed
28PE 28 · VC 0 · hedge 0
Employees
36Form ADV Item 5.A
Registration
SEC-registered adviserCRD 157720
Latest Form ADV
07/21/2026Disciplinary disclosures: none reported

Private equity funds filing Form D (1)

Matched to this firm by the fund names and related persons in each Form D. The list may be incomplete.

Venture capital funds filing Form D (1)

Matched to this firm by the fund names and related persons in each Form D. The list may be incomplete.

Private funds reported on Form ADV (25)

Fund
Gross assets
Minimum
Owners
Adviser
VMG Partners V, L.P.
Delaware, United StatesPrivate equity fund
Gross assets$596M
Minimum$10.0M
Owners59
AdviserVMG Partners II, LLC
VMG Taxable V, L.P.
Delaware, United StatesPrivate equity fund
Gross assets$441M
MinimumNone set
Owners38
AdviserVMG Partners II, LLC
VMG Catalyst II, L.P.
Delaware, United StatesPrivate equity fund
Gross assets$385M
Minimum$2.5M
Owners38
AdviserVMG Partners II, LLC
VMG Catalyst, L.P.
Delaware, United StatesPrivate equity fund
Gross assets$383M
Minimum$2.5M
Owners56
AdviserVMG Partners II, LLC
VMG Partners IV, L.P.
Delaware, United StatesPrivate equity fund
Gross assets$242M
Minimum$10.0M
Owners43
AdviserVMG Partners II, LLC
VMG Partners III, L.P.
Delaware, United StatesPrivate equity fund
Gross assets$206M
Minimum$10.0M
Owners42
AdviserVMG Partners II, LLC
VMG Taxable IV, L.P.
Delaware, United StatesPrivate equity fund
Gross assets$164M
MinimumNone set
Owners32
AdviserVMG Partners II, LLC
VMG Taxable III, L.P.
Delaware, United StatesPrivate equity fund
Gross assets$127M
MinimumNone set
Owners30
AdviserVMG Partners II, LLC
VMG Tax-Exempt V, L.P.
Delaware, United StatesPrivate equity fund
Gross assets$79.7M
MinimumNone set
Owners20
AdviserVMG Partners II, LLC
VMG Tax-Exempt IV, L.P.
Delaware, United StatesPrivate equity fund
Gross assets$78.9M
MinimumNone set
Owners10
AdviserVMG Partners II, LLC
VMG Tax-Exempt III, L.P.
Delaware, United StatesPrivate equity fund
Gross assets$47.2M
MinimumNone set
Owners12
AdviserVMG Partners II, LLC
VMG Partners Mentors Circle V, L.P.
Delaware, United StatesPrivate equity fund
Gross assets$30.3M
Minimum$250K
Owners45
AdviserVMG Partners II, LLC
VMG Partners II, L.P.
Delaware, United StatesPrivate equity fund
Gross assets$25.0M
Minimum$10.0M
Owners31
AdviserVMG Partners II, LLC
VMG Ancient Holdings, LLC
Delaware, United StatesPrivate equity fund
Gross assets$13.7M
MinimumNone set
Owners126
AdviserVMG Partners II, LLC
VMG Partners Mentors Circle IV, L.P.
Delaware, United StatesPrivate equity fund
Gross assets$12.4M
Minimum$250K
Owners17
AdviserVMG Partners II, LLC
VMG Partners Mentors Circle III, L.P.
Delaware, United StatesPrivate equity fund
Gross assets$7.6M
Minimum$250K
Owners12
AdviserVMG Partners II, LLC
VMG Catalyst Mentors Circle II, L.P.
Delaware, United StatesPrivate equity fund
Gross assets$6.2M
Minimum$50K
Owners44
AdviserVMG Partners II, LLC
VMG St Distribution Holdings, LLC
Delaware, United StatesPrivate equity fund
Gross assets$1.2M
MinimumNone set
Owners5
AdviserVMG Partners II, LLC
VMG Taxable II, L.P.
Delaware, United StatesPrivate equity fund
Gross assets$321K
MinimumNone set
Owners24
AdviserVMG Partners II, LLC
VMG Tax Exempt II, L.P.
Delaware, United StatesPrivate equity fund
Gross assets$257K
MinimumNone set
Owners12
AdviserVMG Partners II, LLC
VMG Ghetto Gastro Holdings, LLC
Delaware, United StatesPrivate equity fund
Gross assets$93K
MinimumNone set
Owners3
AdviserVMG Partners II, LLC
VMG Beautystat Holdings, LLC
Delaware, United StatesPrivate equity fund
Gross assets$63K
MinimumNone set
Owners3
AdviserVMG Partners II, LLC
VMG Danessa Myricks Beauty Holdings, LLC
Delaware, United StatesPrivate equity fund
Gross assets$58K
MinimumNone set
Owners4
AdviserVMG Partners II, LLC
VMG Proudly Baby Holdings, LLC
Delaware, United StatesPrivate equity fund
Gross assets$25K
MinimumNone set
Owners3
AdviserVMG Partners II, LLC
VMG Melanin Haircare Holdings, LLC
Delaware, United StatesPrivate equity fund
Gross assets$7K
MinimumNone set
Owners4
AdviserVMG Partners II, LLC

As reported in the adviser's Form ADV filed May 17, 2024. Funds also listed from Form D are shown above.

Fund vehicles: feeder funds and single-deal vehicles (3)

Fund
Gross assets
Minimum
Owners
Adviser
VMG Stone Brewing Coinvestment, L.P.
Delaware, United StatesPrivate equity fund
Gross assets$86.8M
MinimumNone set
Owners8
AdviserVMG Partners II, LLC
VMG Needle Coinvestment, L.P.
Delaware, United StatesPrivate equity fund
Gross assets$23.7M
MinimumNone set
Owners2
AdviserVMG Partners II, LLC
VMG Partners IV Coinvest, L.P.
Delaware, United StatesPrivate equity fund
Gross assets$4.3M
MinimumNone set
Owners29
AdviserVMG Partners II, LLC

Feeder funds invest through a master fund; single-deal vehicles (SPVs, co-investments, series) hold one investment.

From SEC filings. Firm data comes from the SEC's Form ADV data. AltMountain has not verified this information, and it is not an offer, solicitation or recommendation. Full disclosures